Bank of America Portfolio holdings
Bank of America, founded in 1904 as the Bank of Italy by Amadeo Giannini to serve immigrants in San Francisco, is now one of the largest financial institutions in the world, headquartered in Charlotte, North Carolina, following its 1998 merger with NationsBank. It provides a broad spectrum of services, including consumer banking, wealth management (through its Merrill division), commercial banking, and investment banking, managing trillions in assets and serving millions of customers globally.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
IPG
Interpublic Group of Companies
IPG
|
+$801M |
| 2 |
Albemarle
ALB
|
+$629M |
| 3 |
Becton Dickinson
BDX
|
+$626M |
| 4 |
State Street Communication Services Select Sector SPDR ETF
XLC
|
+$526M |
| 5 |
Synchrony
SYF
|
+$400M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$4.76B |
| 2 |
Invesco QQQ Trust
QQQ
|
+$3.1B |
| 3 |
Microsoft
MSFT
|
+$2.93B |
| 4 |
Vanguard Morningstar Value ETF
VTV
|
+$2.64B |
| 5 |
NVIDIA
NVDA
|
+$1.88B |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 12.24% |
| 2 | Financials | 6.59% |
| 3 | Healthcare | 6.56% |
| 4 | Consumer Discretionary | 5.38% |
| 5 | Industrials | 5.27% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
901
First Citizens BancShares
FCNCA
$25.6B
| $99.1M | 0.01% |
77,210
-107,304
| -58% | -$124M |
|
902
LKQ Corp
LKQ
$6.38B
| $99M | 0.01% |
1,699,560
-510,645
| -23% | -$28.4M |
|
903
Albany International
AIN
$1.82B
| $99M | 0.01% |
1,061,453
-270,876
| -20% | -$24.4M |
|
904
First Trust NASDAQ Technology Dividend Index Fund
TDIV
$4.47B
| $98.7M | 0.01% |
1,683,133
+187,948
| +13% | +$10.2M |
|
905
Las Vegas Sands
LVS
$29.6B
| $98M | 0.01% |
1,690,276
-291,588
| -15% | -$17.2M |
|
906
Ambev
ABEV
$43.8B
| $97.8M | 0.01% |
30,765,311
+13,799,043
| +81% | +$40.6M |
|
907
Invesco Water Resources ETF
PHO
$2.06B
| $97.5M | 0.01% |
1,729,273
-31,234
| -2% | -$1.67M |
|
908
CALL
Advanced Micro Devices
AMD
$789B
| $97.4M | 0.01% |
854,800
-1,135,800
| -57% | -$118M |
|
909
PUT
iShares MSCI Brazil ETF
EWZ
$8.55B
| $97.3M | 0.01% |
3,000,000
-1,700,000
| -36% | -$50.6M |
|
910
Cabot Corp
CBT
$4.45B
| $97.1M | 0.01% |
1,451,818
+28,997
| +2% | +$2.06M |
|
911
NetEase
NTES
$78.5B
| $97M | 0.01% |
1,003,575
-137,283
| -12% | -$12.4M |
|
912
Southwest Airlines
LUV
$22B
| $97M | 0.01% |
2,678,725
-320,208
| -11% | -$10M |
|
913
America Movil
AMX
$69.8B
| $96.8M | 0.01% |
4,473,377
+1,996,338
| +81% | +$43.3M |
|
914
Fidelity National Financial
FNF
$13.1B
| $96.5M | 0.01% |
2,679,214
+250,154
| +10% | +$8.73M |
|
915
Murphy Oil
MUR
$4.99B
| $96.3M | 0.01% |
2,515,514
-206,991
| -8% | -$7.64M |
|
916
Nice
NICE
$6.17B
| $96.1M | 0.01% |
465,194
+167,082
| +56% | +$34.5M |
|
917
Invesco S&P 500 GARP ETF
SPGP
$2.33B
| $96M | 0.01% |
1,057,973
+337,051
| +47% | +$29M |
|
918
Moderna
MRNA
$25.4B
| $95.6M | 0.01% |
786,925
-172,372
| -18% | -$23M |
|
919
Masco
MAS
$14.7B
| $95.5M | 0.01% |
1,664,301
-275,499
| -14% | -$14.4M |
|
920
Ventas
VTR
$46.3B
| $95.3M | 0.01% |
2,016,133
-413,615
| -17% | -$18.7M |
|
921
SS&C Technologies
SSNC
$19.3B
| $95.2M | 0.01% |
1,570,640
-782,534
| -33% | -$44.5M |
|
922
Baidu
BIDU
$35.5B
| $94.9M | 0.01% |
693,437
-29,797
| -4% | -$3.9M |
|
|
B
923
Barrick Mining
B
$67.3B
| $94.9M | 0.01% |
5,607,249
-881,080
| -14% | -$16.1M |
|
924
CALL
KraneShares CSI China Internet ETF
KWEB
$5.31B
| $94.5M | 0.01% |
3,510,000
+860,000
| +32% | +$23.9M |
|
925
WisdomTree US LargeCap Dividend Fund
DLN
$6.45B
| $94.5M | 0.01% |
1,486,098
-36,961
| -2% | -$2.29M |
|
Similar funds
Bank of America's Q2 2023 Portfolio in Review
As of Q2 2023, Bank of America held 8,229 positions worth $954B, down 2% from $974B the previous quarter. Its ten largest holdings account for 17% of the portfolio.
Bank of America withdrew a net $74.4B in Q2 2023, closing 523 positions and reducing 4,111 holdings. Its most notable exit was Shaw Communications Inc., an estimated $512M position sold in full.
By sector, the portfolio is most concentrated in Technology at 12% of assets, down from 12% a quarter earlier, followed by Financials and Healthcare.
Against the trend, Bank of America opened a new position in Indivior Pharmaceuticals worth $56.8M.
- Bank of America's largest Q2 2023 buy was Indivior Pharmaceuticals: 2,386,915 shares worth $56.8M.
- Bank of America added most to Interpublic Group of Companies in Q2 2023, an estimated $801M increase.
- Bank of America's biggest Q2 2023 reduction was Apple, cutting an estimated $4.76B.
- Bank of America fully exited Shaw Communications Inc. in Q2 2023, selling an estimated $512M.
- Bank of America's ten largest holdings make up 17% of its $954B portfolio in Q2 2023.
- Bank of America opened 475 new positions and closed 523 in Q2 2023.
- Bank of America's portfolio value fell 2% quarter-over-quarter to $954B.
Based on Bank of America's 13F filing for Q2 2023, filed 14 Aug 2023.